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For The Second Time In Week, Southwire Announces Acquisition of New Company

On Monday, Southwire announced that the Carrollton-based wire and cable manufacturer had acquired Topaz Lighting Corporation (Topaz) of Medford, N.Y.

Serving the construction, industrial and OEM markets for more than 35 years, Topaz is a leading provider of quality electrical fittings, components, and lighting products.

Through this acquisition, Southwire will welcome employees from Topaz and will integrate their distribution network to enhance Southwire’s distribution footprint. Topaz’s existing product line will also be combined with Southwire’s rapidly expanding Components Solutions and Lighting platforms.

“We’re very excited about the addition of Topaz and are pleased to welcome their employees to the Southwire team, specifically to our Tools, Components and Assembled Solutions business,” said Rich Stinson, Southwire’s president and CEO. “We want to provide our customers with solutions for every phase of the job. The acquisition of Topaz helps us further bolster our components offering and expand our portfolio of Lighting products and solutions.”

Southwire will now be able to leverage Topaz’s robust product offering of electrical components, commercial/industrial LED indoor & outdoor luminaires, LED lamps and traditional lighting to further enhance their ever-growing product line of electrical solutions focused on the professional.

“Our acquisition strategy puts our channel partners and end users at the center of our focus,” stated Brandon Moss, Southwire’s President of tools, components, and assembled solutions. “By being the one source for tools, components, and lighting, our partners and customers will be able to enjoy numerous advantages through our expanded product portfolio.”

For more information on Topaz Lighting Corp., visit topaz-usa.com.

On November 30th, Southwire had announced the local company had acquired OBI Partners, Inc. of Alpharetta, Georgia – a digital solutions provider focused on electric utilities.

OBI is widely recognized for its portfolio of software-as-a-service (SaaS) and unique suite of advanced analytics and modules designed to extract, aggregate and optimize electrical grid data into intelligent information for utility operators and managers.

“The marketplace is demanding intelligent solutions to their electrical distribution needs, and through the acquisition of OBI, Southwire will do just that,” said Tom Courtney, vice president of Services. “We are very excited about the suite of solutions provided by OBI and the added value we will bring to our customers.”

OBI will serve as a foundational element for the development of digital services beyond utility at Southwire.

“We are extremely excited to welcome OBI Partners to the Southwire family. OBI’s skills, tools, and expertise, coupled with Southwire’s full suite of wire and cable solutions, will provide the critical operational intelligence and solutions needed to support the growing need for grid reliability and resilience,” said Norman Adkins, executive vice president and chief commercial officer of Wire and Cable. “OBI’s unique service offering will further expand Southwire’s role as a key resource to our utility partners.”

For more information on OBI Partners, Inc., visit  obipartners.com.

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